See the 1st breakout into new highs above the green line? Four days later it rolled over, triggered the 8% rule and everyone got stopped out. For us? We chose to sit back and allow it to come to us in the form of a Pullback Off Highs pattern and the rest is history. 33.55 to 41.06 in just a few days!

Care to wonder what those initial breakout buyers who got stopped out are feeling about right now? Even worse, we wonder what happens to new buyers if in the next few days this NOW EXTENDED stock happens to roll over.

ALWAYS ALLOW STOCKS TO COME TO YOU, after all this isn’t the 1990′s anymore. We’ve said it before and we’ll say it again — We’re All About Alternative Entries here at All About Trends.

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By David Grandey

www.allabouttrends.net

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David Grandey is the founder of All About Trends, an email newsletter service revealing stocks in ideal set-ups offering potential significant short-term gains. A successful canslim-based stock market investor for the past 10 years, he has worked for Meriwest Credit Union Silicon Valley Bank, helping to establish brand awareness and credibility through feature editorial coverage in leading national and local news media.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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